XRP Price Drops – Will It Bounce Back?
XRP is currently trading at $2.18, down 4.63% in the past 24 hours. The market sentiment is bearish, with the Fear & Greed Index at 10 (Extreme Fear). Despite the drop, XRP remains one of the top cryptocurrencies, ranking #3 in Layer 1 blockchains and #1 among US-based crypto projects.
XRP Market Overview
- Market Cap: $125.49B
- 24h Trading Volume: $11.1B
- All-Time High (ATH): $3.92 (Jan 2018)
- Cycle Low: $0.1133 | Cycle High: $3.38
- Circulating Supply: 57.56B XRP (5.44% yearly inflation)
What’s Next for XRP?
XRP has seen strong recoveries in the past, but the current market trend is uncertain.
📉 Bearish Case: If selling pressure continues, XRP may test support levels around $2.00 or $1.80.
📈 Bullish Case: If sentiment improves, XRP could rebound to $2.50–$2.80 or higher.
Final Thoughts
XRP’s long-term potential remains strong, but short-term volatility is high.
Will it recover, or is a further drop coming? Share your thoughts in the comments!
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